Aldi reveal plans for Formby site to rival Waitrose

Bosses at discount supermarket Aldi say they have their sights set on opening up a Formby store by 2025

The hugely popular budget supermarket chain has revealed their desire to open a site in Formby as one of a string of locations in the North

Aldi has more than 880 stores across the country and has identified towns and cities in the North West for further expansion.

A statement on the company’s website said: “Our sustained growth means we are continually expanding our property portfolio to help achieve our ever-growing goals. 

“We have ambitious acquisition and development plans beyond that and are looking to acquire sites that meet the specific property criteria for our standard store format.” 

Each site should be around 1.5 acres and able to accommodate a 20,000 sq ft store with around 100 parking spaces,  the statement said. 

Ciaran Aldridge, national property director of Aldi UK, added: “Aldi is growing rapidly and we are welcoming around one million new customers into our stores every year. 

“But there are also hundreds of towns across the UK where there is not an Aldi. We are willing to explore all opportunities, including developer-led schemes or existing retail units.”